https://www.taxtmi.com/acts?id=3239 Income arising to or received by a person from investments in a venture capital company or fund is charged to tax as if the person had invested directly in the venture capital undertaking. The payer and the venture capital company or fund must furnish prescribed statements to the investor and tax authority detailing income paid or credited. Such income is deemed to be of the same nature and proportion in the hands of the investor as it was to the company or fund. Unpaid income is deemed credited to the investor on the last day of the previous year in the investor's proportion, and specified investment funds are excluded for assessments relevant to and after the stated assessment year. en-us Sat, 19 Jan 2008 22:45:54 +0530 Mon, 23 Jun 2025 16:45:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=3239 Income arising to or received by a person from investments in a venture capital company or fund is charged to tax as if the person had invested directly in the venture capital undertaking. The payer and the venture capital company or fund must furnish prescribed statements to the investor and tax authority detailing income paid or credited. Such income is deemed to be of the same nature and proportion in the hands of the investor as it was to the company or fund. Unpaid income is deemed credited to the investor on the last day of the previous year in the investor's proportion, and specified investment funds are excluded for assessments relevant to and after the stated assessment year. Act-Rules Income Tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=3239